Spark New Zealand Stock Forecast

Stock Price Forecast

According to 7 analysts polled by S&P Global, Spark New Zealand stock has a consensus rating of "Buy" and an average price target of $2.66. The average 1-year stock price forecast is 41.11% higher than the current stock price, while the lowest is $1.90 (+0.80%) and the highest is $3.60 (+90.98%).

Price Target: $2.66 (+41.11%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$1.90	$2.66	$2.35	$3.60
Change	+0.80%	+41.11%	+24.67%	+90.98%

Analyst Ratings

The average analyst rating for Spark New Zealand stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Apr '26	May '26	Jun '26
Strong Buy	4	4	3	3	3	3
Buy	1	1	1	1	0	0
Hold	1	1	2	2	3	3
Sell	0	0	0	0	0	0
Strong Sell	2	2	1	1	1	1
Total	8	8	7	7	7	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Arie Dekker Jarden	Jarden	Hold Downgrades n/a	Hold	Downgrades	n/a	n/a	May 13, 2026
Andrew McLeod Morgan Stanley	Morgan Stanley	Sell Maintains n/a	Sell	Maintains	n/a	n/a	Feb 20, 2026
Unknown Analyst Macquarie No rating	Macquarie	Buy Maintains n/a	Buy	Maintains	n/a	n/a	Feb 20, 2026
Phil Campbell UBS	UBS	Buy Maintains n/a	Buy	Maintains	n/a	n/a	Feb 19, 2026

Financial Forecast

Revenue This Year

3.66B

from 3.73B

-1.81%

from 3.73B

Revenue Next Year

3.67B

from 3.66B

0.34%

from 3.66B

EPS This Year

0.13

from 0.12

2.47%

from 0.12

EPS Next Year

0.14

from 0.13

10.00%

from 0.13

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Jun 30, 2021	Jun 30, 2022	Jun 30, 2023	Jun 30, 2024	Jun 30, 2025	Jun 30, 2026
Revenue	3.59B	3.72B	4.49B	3.82B	3.73B	3.66B
Revenue Growth	-0.83%	3.54%	20.73%	-14.94%	-2.49%	-1.81%
Gross Profit	1.20B	1.22B	1.84B	1.20B	1.12B	1.91B
Gross Margin	33.34%	32.77%	40.93%	31.47%	30.04%	52.23%
Operating Income	600.00M	632.00M	1.27B	629.00M	463.00M	452.48M
Net Income	381.00M	410.00M	1.14B	316.00M	260.00M	336.68M
EPS	-	-	-	-	0.12	0.13
EPS Growth	-	-	-	-	-34.36%	2.47%
Forward PE	21.61	20.34	20.21	17.30	15.83	14.96
Dividend / Share	0.25	0.25	0.27	0.28	0.25	0.16
Dividend Growth	-	-	8.00%	1.85%	-9.09%	-35.43%
Free Cash Flow	484.38M	223.15M	865.53M	217.73M	-33.25M	330.00M
No. Analysts	-	-	-	-	-	7

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is NZD.

Revenue Forecast

Revenue	2026	2027	2028
High	3.8B
Avg	3.7B
Low	3.6B

Revenue Growth

Revenue Growth	2026	2027	2028
High	1.5%
Avg	-1.8%
Low	-2.9%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	0.13
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	2.5%
Low	-